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April 2021 ISM and Markit Services Surveys Remain Well Into Expansion The ISM declined but remained in expansion whilst the Markit PMI improved and advanced further into expansion. Analyst Opinion of the ISM and Markit Services Survey With the economy reopening, it comes as no surprise that both of these indices are well into expansion. From Econoday: Most marked upturns in output and new orders on record Employment growth accelerates Cost pressures strongest on record April PMITM data indicate...

by Tyler Durden Friday, Apr 23, 2021 - 08:03 AM US equity futures rebounded Friday following Thursdays 1% selloff as investors digested a proposal for higher capital gains taxes and realized that i) it is nothing new compared to previous media reports and ii) the most likely outcome is a compromise tax rate (Goldman expects a final number no higher than 28%).  Still, both the S&P 500 and Dow are on course for weekly declines, after four straight weeks of gains. At 730 a.m. ET, Dow e-minis were...

5 Gold Stocks to Keep an Eye on as Gold Prices Stabilize Zacks.com 4 hrs ago Gold futures for June delivery gained 0.8% to close at $1,741.50 an ounce on Apr 6 courtesy of a weaker dollar and as yield on the benchmark 10-year Treasury note declined to 1.64% — the lowest in two weeks, with global stocks trading around all-time highs. The yellow metal seems to have regained footing after losing 8% of its value so far this year due to vaccine rollouts and strong optimism over economic recovery...

March 2021 ISM and Markit Services Surveys Show Improvement The ISM significantly improved and remained in expansion whilst the Markit PMI improved and advanced further into expansion. Analyst Opinion of the ISM and Markit Services Survey With the economy reopening, it comes as no surprise that both of these indices improved. From Econoday: Upturns in output and new orders accelerate to strong rates Price gauges hit highest on record amid supply chain disruptions Business optimism improves sinc...

by Tyler Durden Monday, Apr 05, 2021 - 08:00 AM S&P futures surged and most Asian stocks climbed (Europe remains closed for Easter holiday) as investors digested Friday’s unexpectedly strong jobs report which showed the strongest jobs growth in seven months and could mark the beginning of the best annual economic growth in nearly four decades. Bond yields rose modestly after Fridays spike, while the dollar and gold were both unchanged. At 730am, Dow E-minis were up 226 points, or 0.68%, S&P 5...

by Tyler Durden Wednesday, Mar 03, 2021 - 08:01 AM Once again market sentiment has reversed violently - or rather the opposite - overnight, with yesterdays late day spoo slump inspired by the short squeeze in Rocket Mortgage - which forced hedge funds to liquidate their best positions - being faded and on Wednesday Emini futures jumped 0.6%, global shares gained with European indexes echoed positive moves in Asia, as a recent retreat in Treasury yields fuelled demand for riskier assets... even ...

Written by Steven HansenThe ISM improved but remained in expansion whilst the Markit PMI improved advanced further into expansion.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Once traders return from Monday's Presidents Day holiday, data on the strength of the U.S. consumer will be in focus, with the Commerce Department's monthly retail sales report and earnings results from retail giant Walmart each on tap.

January 2021 ISM and Markit Services Surveys Improved Analyst Opinion of the ISM and Markit Services Survey I have a hard time believing services are in expansion with many restaurants, bars, and gyms running nowhere near full potential - and parts of the country have returned to lockdown. From Econoday: Output and new order growth regain momentum Fastest increase in cost burdens on record Slowest rise in employment since July 2020 January PMITM data signalled a sharper expansion in business ac...